H&W Portfolio Manager Scott Rosenthal recently participated in a masterclass panel alongside experts from Baillie Gifford, ClearBridge, and Polaris, where they discussed global equity opportunities, emphasizing diversification, growth drivers, and valuation gaps in international markets.
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You should consider the Hotchkis & Wiley Funds’ investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Funds’ summary prospectus and prospectus, which can be obtained by calling 800-796-5606. Read carefully before you invest.
The Hotchkis & Wiley Global Value and International Value Funds may invest in foreign and emerging markets securities, which subjects the Funds to increased risk. Please read the fund prospectus for a full list of fund risks.
The portfolio manager’s views and opinions expressed in this podcast are as of September 11, 2024. Such views are subject to change and may differ from others in the firm, or the firm as a whole. The portfolio manager’s comments may include estimated and/or forecasted views, which are believed to be based on reasonable assumptions within the bounds of current and historical information. However, there is no guarantee that any estimates, forecasts or views will be realized. Any discussion or view on a particular company, asset class/segment, industry/sector and/or investment type are not investment recommendations, should not be assumed to be profitable, and are subject to change.
Top ten holdings as of 6/30/24 as a % of the Hotchkis & Wiley International Value Fund’s net assets: Ericsson 5.2%, Siemens AG 4.1%, Shell PLC 3.7%, Samsung Electronics Co. 3.5%, Babcock Int'l Grp PLC 3.4%, Lloyds Banking Group PLC 3.3%, Henkel AG & Co. KGaA 3.2%, WPP PLC (ADR) 3.0%, Heineken Hldg N.V. 3.0%, and Qantas Airways Ltd. 2.8%.
Top ten holdings as of 6/30/24 as a % of the Hotchkis & Wiley Global Value Fund’s net assets: Ericsson 4.5%, F5 Inc. 3.8%, Workday Inc. 3.7%, Elevance Health Inc. 3.0%, Alphabet Inc. 3.0%, CVS Health Corp. 2.6%, Citigroup Inc. 2.5%, Siemens AG 2.5%, Medtronic PLC 2.4%, and Samsung Electronics Co. 2.4%.
Fund holdings and/or sector allocations are subject to change and are not recommendations to buy or sell any security. Diversification does not assure a profit nor protect against loss in a declining market.
Basis point (bps) is a unit equal to 1/100th of 1% and is used to denote the change in a financial instrument.
Investing in equity securities have greater risks and price volatility than U.S. Treasuries and bonds, where the price of these securities may decline due to various company, industry, and market factors. Investing in foreign as well as emerging markets involves additional risk such as greater volatility, political, economic, and currency risks and differences in accounting methods. Investing in smaller, medium-sized and/or newer companies involves greater risks not associated with investing in large company stocks, such as business risk, significant stock price fluctuations and illiquidity.
Mutual fund investing involves risk. Principal loss is possible.
The Hotchkis & Wiley Funds are distributed by Quasar Distributors, LLC
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